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IVD Stunner: GE to Acquire Abbott’s Diagnostics Unit

Everything is sold but Abbott’s diabetes care and its molecular diagnostics business units

CEO SUMMARY: General Electric Corporation made a dramatic entrance into in vitro diagnostics (IVD) by acquiring almost all of Abbott Laboratories’ IVD business division. Once the sale is closed later this spring, GE will be the second major imaging vendor to buy its way into the IVD business. With its deep pockets, celebrated management skills, […]

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